Letter of Offer approved for Rs 949.08 crore rights issue

Corporate Actions View source PDF Explain this filing

UTKARSHBNK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹22.12

prior close

₹22.47

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+5.5% vs market

Other Bank peers, median of 8sector-0.3%+5.2% vs sector

On the reaction day the stock moved 5.5 pts more than Nifty Microcap 250 and 5.2 pts more than its Other Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.1

15m

-0.6

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0-0.5+5.5-0.3+5.2

Next day

-15.7-1.7-14.0-1.7-14.0

-19.7-0.7-19.0-1.3-18.5

-18.3-0.2-18.1-0.8-17.5

-19.1-0.7-18.4-0.2-18.8

-17.7+0.3-18.1+1.7-19.4

-16.9+0.9-17.8+2.9-19.8

15d

-9.9+1.4-11.3+1.9-11.8

-27.9+0.3-28.2-3.7-24.2

-32.2-4.5-27.7-6.4-25.8

-36.2-7.4-28.7-5.8-30.4

UpDownMarket · Nifty Microcap 250Sector · Other Bank peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The bank will issue up to 67.79 crore shares with Rs 10 face value at Rs 14 each, in an 8-for-13 ratio. Eligible shareholders are those on the record date of October 14, 2025. Full subscription would raise Rs 949.08 crore; the issue runs October 24 to November 3.

Likely market impact

Shareholders must pay to subscribe to keep their stake. Others may see their holding shrink, while weak demand could weigh on the stock price.